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Nov 6, 2012
11/12
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, and i didn't come on here just to promote obama versus romney, i think obama has put in obama care affordable care act, i think there are many features that protect small businesses, if you're under 50 employees, you're under 25 employees, you really are pretty much removed from all of the problems. >> that might make you want to keep it at 49 employees. might make you hesitant to go above that and add jobs if it means you're now all of a sudden -- >> one of the advantages, i was talking to our companies yesterday, one of the best parts is he hires a lot of young people and now all the people who are under 25 that he's hired, of which most of them are, are all staying with their parents. >> so you see people, just on a couple days ago, companies that used to do full time are now going to part-time because they don't want to do health care for full time so they switch the business model to favor part-time. >> you know, honestly, i would say that may be true for a lot of the larger companies. i see so many small businesses, i was out in california yesterday, i must have met in four d
, and i didn't come on here just to promote obama versus romney, i think obama has put in obama care affordable care act, i think there are many features that protect small businesses, if you're under 50 employees, you're under 25 employees, you really are pretty much removed from all of the problems. >> that might make you want to keep it at 49 employees. might make you hesitant to go above that and add jobs if it means you're now all of a sudden -- >> one of the advantages, i was...
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Sep 6, 2012
09/12
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obama's speech is going to produce a bump. it's a polarized electorate. bumps aren't easy. democrats are happy with last night. >> john, very early on in clinton's speech he really tried to own the obama line about you didn't build it. i thought that was actually somewhat surprising really trying to suggest that actually maybe that line he actually meant the first time around. >> well, democrats do mean it in the sense that not in the way in which republicans have been using it against the president, but they do believe -- i mean, it's the whole theory behind hillary clinton's book "it takes the village." we all remember that. it's the idea that collective action is a big part of our individual success, which is something that when we look at, say, a country like iraq where we've been at war, the emphasis on the rebuilding process is on creating institutions and civil society and rule of law and all the things that allow individual enterprise to prosper. that's the point the democrats were making and they're trying to drive th
obama's speech is going to produce a bump. it's a polarized electorate. bumps aren't easy. democrats are happy with last night. >> john, very early on in clinton's speech he really tried to own the obama line about you didn't build it. i thought that was actually somewhat surprising really trying to suggest that actually maybe that line he actually meant the first time around. >> well, democrats do mean it in the sense that not in the way in which republicans have been using it...
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May 10, 2012
05/12
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president obama and his support of gay marriage. he said it was evolving and it evolving to where now he supports it. and then the ultimate trophy for an investment bank, a high profile ipo. some guy you may have heard of will tell us how goldman sachs blew its facebook opportunity. >>> tomorrow he's the president and ceo of one the nation's largest holding companies. overseeing subsidiaries like diamond offshore drilling and loews hotels. james tisch will be our guest host tomorrow. plus the venture capital firm behind siri. >> you're ridding, rig ikidding? >> the voice of apple's iphone. we'll ask about the next big thing in technology. don't miss "squawk box" starting tomorrow at 6:00 a.m. eastern. u. in a new, faster-acting formula. s tio-y siin lxtes zemethan a porsche panamera s. the 429 horsepower genesis r-spec. from hyundai. mcallen, texas. in here, heavy rental equipment in the middle of nowhere, is always headed somewhere. to give it a sense of direction, at&t created a mobile asset solution to protect and track everythin
president obama and his support of gay marriage. he said it was evolving and it evolving to where now he supports it. and then the ultimate trophy for an investment bank, a high profile ipo. some guy you may have heard of will tell us how goldman sachs blew its facebook opportunity. >>> tomorrow he's the president and ceo of one the nation's largest holding companies. overseeing subsidiaries like diamond offshore drilling and loews hotels. james tisch will be our guest host tomorrow....
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Nov 30, 2012
11/12
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what's obama doing with this first offer, do you think? >> i'm not exactly sure because i don't understand the economic rationale behind it. look at the world that we are in. it is a 2% u.s. growth rate. it is not the 3% we are historically used to. look what's going on in europe. look what's going on in asia, the slowdown there. look at the context at which we want to take money out of the private sector. taxes by definition is contractionary. >> for a while i wondered in first term figured look, the president sooner or later will realize he needs jobs to get re-elected so will come onboard with pro-growth stuff and jobs he was able to, you know, to be re-elected at 7.9%. now you want a legacy that shows that you had a good economy and that you got the jobless rate down. so you are going -- i'm -- maybe there's just a disconnect between whether people that work for him really understand what generates economic growth and jobs and what doesn't. and -- i mean, we will transform society in a way that maybe is more positive for him, obama car
what's obama doing with this first offer, do you think? >> i'm not exactly sure because i don't understand the economic rationale behind it. look at the world that we are in. it is a 2% u.s. growth rate. it is not the 3% we are historically used to. look what's going on in europe. look what's going on in asia, the slowdown there. look at the context at which we want to take money out of the private sector. taxes by definition is contractionary. >> for a while i wondered in first...
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Sep 7, 2012
09/12
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we're now going to wait and measure the results of president obama. these were the last big events to potentially shape this campaign before a series of four debates, which begin on october 3rd, guys. >> one thing is the second verse, same as the first. criticisms of the republicans was that they didn't come up with details on this. and i think you could say the same of the speech last night. we don't have real details on how anybody plans to fix the economy. both sides saying, trust me. >> reporter: of course. some of that criticism of mitt romney was a little silly because mitt romney wasn't trying to offer policy details. he was trying to deal with the problem he has as a result of democratic attacks in particular on his business experience. he wanted to make the american people feel a little better about him. that's how his speech was pitched. what president obama was trying to do, again, was not offer a laundry list of policy details but deal with the disappointment of people. that's critical. he had huge turnout in 2008. very enthusiasm base of
we're now going to wait and measure the results of president obama. these were the last big events to potentially shape this campaign before a series of four debates, which begin on october 3rd, guys. >> one thing is the second verse, same as the first. criticisms of the republicans was that they didn't come up with details on this. and i think you could say the same of the speech last night. we don't have real details on how anybody plans to fix the economy. both sides saying, trust me....
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Dec 6, 2012
12/12
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. >> wonder what boehner and obama talked about on the phone. i think it went something like this. your mother! no, your mother. no, your mother. and then it went back and forth. your mother to infinity. >> no, i think what happened is we realize that there's been an awful lot of theatrics. >> you don't think they said your mother? >> no. >> you don't think they hurled insults at each other? >> no. >> actually, boehner was just a dial tone. you said i'm supposed to do what to myself? no, that's not boehner. >> on the economic front, i guess there are things going on. more employment data on the way. tomorrow the big jobs report and then there was the issue of the fiscal cliff. 11,000 in citigroup. i wonder if we start seeing things before next year. people are not hiring people. >> and we've talked a lot about this, ceos have already had to make their plans known to their boards. so it's had its impact. >> getner says the obama administration is only too willing to go over the qulif. cliff. do they mean marginal rates, or just rates. >> that's what's going to be worked out, the las
. >> wonder what boehner and obama talked about on the phone. i think it went something like this. your mother! no, your mother. no, your mother. and then it went back and forth. your mother to infinity. >> no, i think what happened is we realize that there's been an awful lot of theatrics. >> you don't think they said your mother? >> no. >> you don't think they hurled insults at each other? >> no. >> actually, boehner was just a dial tone. you said i'm...
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Sep 20, 2012
09/12
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in political new, romney and obama will campaign in florida today. both campaigns are reaching back into the past, attacking each other with videotaped messages. and yesterday jack welch kept saying why 2016. romney's assessment of obama supporters and a secretly recorded meeting of a hedge fund guy during a private fund-raising earlier this year still causing problems for his campaign it says here. but now republicans are firing back accusing president obama of trying to redistribute wealth, using a 1998 recording of then senator barack obama talking about make government more efficient at a loyola university chicago conference. check it out. >> i think the trick is figuring out how do we structure government systems that pool resources and hence facilitate some redistribution. because i actually believe in rediss friday abuse. at least at a certain level to make sure that everybody's got a shot. >> he said some years ago something which we're hearing about today on the internet. he said that he believes in redistribution. >> governor romney and con
in political new, romney and obama will campaign in florida today. both campaigns are reaching back into the past, attacking each other with videotaped messages. and yesterday jack welch kept saying why 2016. romney's assessment of obama supporters and a secretly recorded meeting of a hedge fund guy during a private fund-raising earlier this year still causing problems for his campaign it says here. but now republicans are firing back accusing president obama of trying to redistribute wealth,...
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Apr 6, 2012
04/12
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all the blame goes to obama? some of the blame goes to obama? >> i'm not blieming. i'm talking about where things were. we had four years to make it back. >> this is how he talks after 9:00 a.m. >> i think we need to thank hampton. i want to know if you can create a correlation between the crimes, construction and retail and the retail -- >> sloou absolutely. >> in what? >> in drinking. there's a big increase in drinking jobs and you see the decline in construction and retail that -- >> is that a -- >> kelly evans has been pouring over the jobs report and she joins us now with some interesting findings. >> yes. >> what have you found? >> i think what the jobs report, it's interesting to look below the surface and you look at whether that headline number was a fluke or whether the rest of it supports. this is one of those months where the details were weak to the same extent of the headline numbers. if you look at the household survey, there you saw an outright decline in employment for march, so a loss of 31,000 jobs. so there were some underwomening signs threout t
all the blame goes to obama? some of the blame goes to obama? >> i'm not blieming. i'm talking about where things were. we had four years to make it back. >> this is how he talks after 9:00 a.m. >> i think we need to thank hampton. i want to know if you can create a correlation between the crimes, construction and retail and the retail -- >> sloou absolutely. >> in what? >> in drinking. there's a big increase in drinking jobs and you see the decline in...
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Aug 13, 2012
08/12
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but there is a path, meaning before i think you were voting for obama or you were voting against obama. now you're voting for something. and you're voting for a path that ryan represents. some people would say that's a great tap in. the good news is it puts the entire issue on the table in a meaningful way. it forces obama to address it which he has thus far not done enough of, some people would argue. but we have a lot of people ta touk to this morning. >> we have a lot of sound from congressman. he's been a frequent guest on "squawk box." we've asked him a number of times about the likelihood that he would get picked for the vp job, including two appearances that he made in april. >> do you know, you're only at 4% on end trade to be the vp. and portman is at 30 -- over 30%. he's in the lead. >> he's a great guy. i'm a big fan of rob portman. it is not in the romney campaign interest for me to comment on that. >> is it you, you don't have to say the name of the person, but -- >> excuse me? >> there are plenty of great people that he could pick. >> the usual suspects? >> a lot of poem.
but there is a path, meaning before i think you were voting for obama or you were voting against obama. now you're voting for something. and you're voting for a path that ryan represents. some people would say that's a great tap in. the good news is it puts the entire issue on the table in a meaningful way. it forces obama to address it which he has thus far not done enough of, some people would argue. but we have a lot of people ta touk to this morning. >> we have a lot of sound from...
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Aug 31, 2012
08/12
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they also get tax credits if they are a small business. >> obama 2012 is not obama 2010 when he agreed to accept all the bush tax cuts and changed his mind to 250,000. that would proportionately impact -- >> you're talking right now what tax. i'm plants are the last thing we want to tax? i mean -- >> i'm not going there. i have no idea. >> i want to live in a world without implants or tanning booths. >> i'm fresh off the lean from tampa. there's a big group of people that's reining too, the delegates, the alternatives. it's important to the rank-and-file who don't have the access other people have and don't necessarily feel they are a big part of the insider's process and good for them. they are the real people of the parties and they save up for quarters to come. they are very devoted their state parties and by extension very devoted to the process in the convention hall and it was an action-packed couple of days off the podium of panels and speeches and delegate interaction. seems to be very important to them on both side of the aisle. so i really can't begrudge the grassroots aspect
they also get tax credits if they are a small business. >> obama 2012 is not obama 2010 when he agreed to accept all the bush tax cuts and changed his mind to 250,000. that would proportionately impact -- >> you're talking right now what tax. i'm plants are the last thing we want to tax? i mean -- >> i'm not going there. i have no idea. >> i want to live in a world without implants or tanning booths. >> i'm fresh off the lean from tampa. there's a big group of...
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Jul 20, 2012
07/12
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obama, this is the worst recovery since world war ii. that's why revenues are down. >> i've read some things about republics lasting 200 years until you get to the point where there's more on the receiving end than the producing end, and then slowly the same party gets elected again and again and again and eventually the republic -- you've seen those things on the internet. you still make the point, americans are very aspirational with respect to the tax code. >> right. >> you cite something 52% of registered voters want all tax cuts extended. why do i keep hearing polls show that 70% of americans want taxes raised on the rich? where are those polls from that i hear democrats citing all the time in. >> you can ask the question different ways. one of them is, do you think we should raise taxes on rich people? yes. what do you think the government would do with all that money? just spend it. sometimes you have to ask two questions as to what people are looking for, but there was a recent poll that walked through, people asked would you rat
obama, this is the worst recovery since world war ii. that's why revenues are down. >> i've read some things about republics lasting 200 years until you get to the point where there's more on the receiving end than the producing end, and then slowly the same party gets elected again and again and again and eventually the republic -- you've seen those things on the internet. you still make the point, americans are very aspirational with respect to the tax code. >> right. >> you...
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Feb 13, 2012
02/12
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president obama has laid out a road map for that. i'm anxious to walk down that road, because here in northern ohio from cleveland through lorraine to toledo, we see the results of the automotive industry recovering. it is magnificent. let me tell you, it's lifting revenues in all accounts, in order thelp us fund our school systems. >> congresswoman, david walker, is she correct? could it grow enough so medicare would become solvent? at what rate would the united states have to grow? >> as a former trustee of social security and medicare and knowing something about the government's finances, i can tell you there's no way that will work. you would have to grow the economy by double-digit real gdp growth, achieve full employment for decades and that still, that's not going to happen. that's just not going to happen. a simple four-letter word washington has to understand, it's called math. the math doesn't come close to working. we need more revenues but we're going to have to renegotiate the social insurance contract and health care is
president obama has laid out a road map for that. i'm anxious to walk down that road, because here in northern ohio from cleveland through lorraine to toledo, we see the results of the automotive industry recovering. it is magnificent. let me tell you, it's lifting revenues in all accounts, in order thelp us fund our school systems. >> congresswoman, david walker, is she correct? could it grow enough so medicare would become solvent? at what rate would the united states have to grow?...
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Oct 4, 2012
10/12
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democrats were not so thrilled with president obama's performance. the question is going to be has mitt romney been able in a race where he's been clearly behind the president to hurt him enough and sustain that momentum over the next three weeks. that's what's really critical. there have been strong debates, john kerry had a strong debate against george w. bush in 2004. but he wasn't able to translate that into lasting benefit. that's the best of the next three weeks, to see whether romney can keep it going or whether president obama comes out with a higher level of aggression, higher level of energy in the next debate and stop the momentum that romney accumulated last night. >> okay. yeah, i had so many different thoughts, john, as we watched the whole thing. i remember that a lot of republicans were supporting newt gingrich because just for this moment, they wanted -- they thought newt was such a great debater, they wanted to see someone like newt talk to president obama about his policies and about the last four years. and they thought newt would
democrats were not so thrilled with president obama's performance. the question is going to be has mitt romney been able in a race where he's been clearly behind the president to hurt him enough and sustain that momentum over the next three weeks. that's what's really critical. there have been strong debates, john kerry had a strong debate against george w. bush in 2004. but he wasn't able to translate that into lasting benefit. that's the best of the next three weeks, to see whether romney can...
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Apr 16, 2012
04/12
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last i checked obama was elected in 2008. and the federal tax credit of $7,500 was instituted under the bush administration. so it bothers me when conservative news outlets don't get their facts straight. >> i mean, you've seen the headlines. gm estimated they've sold 6,000 volts so far. that means the subsidy is 250,000 per volt. that's not the amount of government money that went in to develop it? >> absolutely not. >> okay. >> joe -- >> go ahead. >> you're looking at this problem from a pure market perspective and the reality is there is no free market for oil. the market for oil is controlled by a cartel, opec. they own 80% to 90% of the reserves in the world. they produce about 42%. last year the united states sent $328 billion offshore to buy imported petroleum the cost for the average family went up from $1,700 in 2001 to $4,000 last year. we spent 60% of our balance of payments on imported petroleum. >> this is in michigan, center for public policy that said that there were 18 different government programs, rebates, g
last i checked obama was elected in 2008. and the federal tax credit of $7,500 was instituted under the bush administration. so it bothers me when conservative news outlets don't get their facts straight. >> i mean, you've seen the headlines. gm estimated they've sold 6,000 volts so far. that means the subsidy is 250,000 per volt. that's not the amount of government money that went in to develop it? >> absolutely not. >> okay. >> joe -- >> go ahead. >> you're...
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Aug 16, 2012
08/12
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obama wins, investment goes offshore. romney wins, the investment stays here. >> governor, they're effectively waiting for something called demand and the question therefore is how do you spur demand? >> you spur demand by creating jobs, and these folks have not bought machinery, they have not invested in new hires. you will not get demand until you have new hires, and those new hires have to come from people investing in their business. i talked to dozens of people who would like to be hiring right now, and because of obama care, the fear of regulation, and uncertainty about this election, they're waiting. there is tons of waiting going on to create jobs to make sure that obama is gone, and that's what is happening today. >> so governor, right now, our corporations have the highest profit margins in history. is that bad? are y >> are you condemning that? >> no, i think that's great, they have the flexibility to invest in they want to. >> they don't because obama scared them. don't you understand? >> i run a business, oba
obama wins, investment goes offshore. romney wins, the investment stays here. >> governor, they're effectively waiting for something called demand and the question therefore is how do you spur demand? >> you spur demand by creating jobs, and these folks have not bought machinery, they have not invested in new hires. you will not get demand until you have new hires, and those new hires have to come from people investing in their business. i talked to dozens of people who would like...
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Oct 17, 2012
10/12
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obama voters? do they look at romney saying you know what? we're going to hold the line and actually the wealthiest are still going to pay the most. does that help his argument? >> yes. >> a lot? >> yes. >> that was one of the signal successes of romney in the first debate was making the case, which people had not heard. it'd been his policy all along. he said from the day he announced in february, he said the rich aren't going to pay any less, it's going to be distributionally neutral. that's why it was so effective for romney. and what the president has to try to do is puncture that and he's saying he's going to do that, but it's not true because it's impossible. and that's the crux of that tax debate. >> i think we've got to get -- i don't think you saw this yet, the a-rod story. you can read that, but thank you, john. >> is a-rod done? >> he's not done. he's just -- he's just getting started. >> no, he's doing a lot of things out there. he may not be hitting. >> he scores. >> it was a mock twee
obama voters? do they look at romney saying you know what? we're going to hold the line and actually the wealthiest are still going to pay the most. does that help his argument? >> yes. >> a lot? >> yes. >> that was one of the signal successes of romney in the first debate was making the case, which people had not heard. it'd been his policy all along. he said from the day he announced in february, he said the rich aren't going to pay any less, it's going to be...
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May 17, 2012
05/12
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european banks also want to -- you have a president obama. clearly u.s. dollar is a safe haven. that's why the dollar gets defeated. commodities falling down. it's phase two of the global financial crisis. that's a reality. >> does that mean negative growth in the united states? >> europe is in technical recession. even the last three years, what has changed apart from liquidity risk. >> he said disintegration. i'm thinking depression. >> you and i started having this conversation yesterday write sort of said greece leaves the eurozone and the world keeps spinning. but you started saying that means that portugal and others just fall. is that the domino theory of monday it taker currency? >> two options. deficit financing, bring the discipline up you find the currency and rebalance the economies. that's one option. option number two is to say, s yes, we'll go back to -- these are the options. you have to come to terms. there's no point -- there's the possibility of greece exit. >> i would assume your whole world is driven by the price of oil. am i overstating it? >> we are steppi
european banks also want to -- you have a president obama. clearly u.s. dollar is a safe haven. that's why the dollar gets defeated. commodities falling down. it's phase two of the global financial crisis. that's a reality. >> does that mean negative growth in the united states? >> europe is in technical recession. even the last three years, what has changed apart from liquidity risk. >> he said disintegration. i'm thinking depression. >> you and i started having this...
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May 23, 2012
05/12
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starting with the overall obama versus romney. obama leads 47% to 43%, that is tightening up. now 42% approve of the president's handling of the economy while 52% disapprove of that. and 32% say obama has the right goals and policies to improve the economy compared to 26% who are only somewhat confidence and 41% who are not at all confident. obama's job approval rating in here is 48%. that is down from 49% just a month ago. so this thing tightening up still very, very close. and i think what this tells us is that we're going to be looking at a very closely fought battle for those independents, a very narrow group right in the middle here. those are the people who are persuadable by both parties, by both candidates and that's who they're going to be going after. it's hardening on both sides. >> do you have a graph showing the approval rating for the president for his handling of health care? did you see what that was? >> no -- >> 39%. that's an obama care proxy right there for how popular obama care is -- >> absolutely. >> right now. that's a snapshot. 39%. >> and that's the pr
starting with the overall obama versus romney. obama leads 47% to 43%, that is tightening up. now 42% approve of the president's handling of the economy while 52% disapprove of that. and 32% say obama has the right goals and policies to improve the economy compared to 26% who are only somewhat confidence and 41% who are not at all confident. obama's job approval rating in here is 48%. that is down from 49% just a month ago. so this thing tightening up still very, very close. and i think what...
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Dec 17, 2012
12/12
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president obama spoke last night about change. >> we can't kol rate this any more. these tragedies must end. and to end them, we must change. we will be told that the causes of such violence are complex, and that is true. no single law, no set of laws can eliminate evil from the world or event every senseless act of violence in our society. >>> and earlier in the day, new york city mayor michael bloomberg called on the president to lead the nation on the issue of gun control. >> it's time for the president, i think, to stand up and lead and tell this country what we should do. not go to congress and say, what you guys want to do. this should be his number one agenda. he's the president of the united states. and if he does nothing during his second term, something like 48,000 americans will be killed with illegal guns. that is roughly the number of americans killed in the whole vietnam war. so let's get to cnbc's washington correspondent john harwood to talk about how washington will handle the gun control issue. i guess that's what we'll talk about this time. we hav
president obama spoke last night about change. >> we can't kol rate this any more. these tragedies must end. and to end them, we must change. we will be told that the causes of such violence are complex, and that is true. no single law, no set of laws can eliminate evil from the world or event every senseless act of violence in our society. >>> and earlier in the day, new york city mayor michael bloomberg called on the president to lead the nation on the issue of gun control....
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Mar 2, 2012
03/12
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people elect obama and he does obamacare. the tea party comes in in 2010 and these 90 guys were elected to come in and not do anything in terms of spending. so this should all be expected -- should we be looking at this cynically or is this the way it works and we have to settle this in november? >> think all of the above. you should look at it cynically and you should have expected it would have happened. if you had one encouraging notion to the american voters regardless of your political persuasion it would be is that elect people willing to collaborate, willing to act in the best interest of the country instead of trying to poke a finger in the eye of the opposition party. we need some action in washington. the debt, the economy, et cetera and the fact of the matter is we got have people who are willing to put the company ahead of politics. very difficult thing to do but absolutely essential in terms of the american good. >> so, that's not the way the last few elections have been. >> no. absolutely not. >> 2008, a stateme
people elect obama and he does obamacare. the tea party comes in in 2010 and these 90 guys were elected to come in and not do anything in terms of spending. so this should all be expected -- should we be looking at this cynically or is this the way it works and we have to settle this in november? >> think all of the above. you should look at it cynically and you should have expected it would have happened. if you had one encouraging notion to the american voters regardless of your...
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Nov 20, 2012
11/12
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it was obama's race to lose and the president's team did a great job. they did a great job. >> he called together a coalition and ended up in a victory. he said to his supporters, he got hammered by jindal and everyone, lindsey graham said i'm going to use this line as if you're in a hole, stop digging. >> joe, that's not what he said. he said that the president provided gifts to various constituencies that allowed -- >> if you go back, immigration hispanics and joe biden did float the balloon on gay marriage. >> one of the things we agree, as bipartisanship in campaigns you try to appeal to various constituents and try to say things and provide comfort and assurances you're going to help the country grow. >> inclusive. the 47% thing didn't help. >> without the 47%, if the republicans have agreed on a single, the criminal definition of rape. >> those guys killed us. >> had they adopted a bush approach to immigration. >> where would those guys be -- >> there was one issue that any one of those things that they had done they would have appealed to a broad
it was obama's race to lose and the president's team did a great job. they did a great job. >> he called together a coalition and ended up in a victory. he said to his supporters, he got hammered by jindal and everyone, lindsey graham said i'm going to use this line as if you're in a hole, stop digging. >> joe, that's not what he said. he said that the president provided gifts to various constituencies that allowed -- >> if you go back, immigration hispanics and joe biden did...
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Mar 13, 2012
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>> for obama? >> yeah. >> most people are attributing it to gas prices and -- honestly, i don't know. i was very surprised by that because just a week ago we had an nbc/"wall street journal" -- i think we had him at 49. >> right, right. >> for as well as he's doing his job it makes no sense to you. >> you were surprised, too, joe. >> i'll tell you the one thing, john, that you have not mentioned is gallup flipped in the last three or four days. gallup totally flipped on the three-day track. and they say they're always right and it's 49% approve, 43 di disapprove now. 44% disapprove, and now gallup in the last three or four days obama's approval rating has surged to 49%. disapproval 43%. it is weird. you have nbc/"new york times" -- >> i will say the gallup -- joe, the gallup track has seemed over the last couple of years to be quite volatile and i will say when they had obama on the down side, the obama people were very scornful of that poll. >> so now they like it. >> no, no, but i'm saying that t
>> for obama? >> yeah. >> most people are attributing it to gas prices and -- honestly, i don't know. i was very surprised by that because just a week ago we had an nbc/"wall street journal" -- i think we had him at 49. >> right, right. >> for as well as he's doing his job it makes no sense to you. >> you were surprised, too, joe. >> i'll tell you the one thing, john, that you have not mentioned is gallup flipped in the last three or four...
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Sep 4, 2012
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time for president obama to slap back. he got a warmup after mitt romney said that you'd fire a football coach with the record like president obama's. he made fun of republican's plan for the economy. here is president obama. >> on first down, he hikes taxes on nearly $2,000 on the average family with kids in order to pay for a massive tax cut for multimillion naaire multimillionaires. second down he calls an audible and undoes reforms that are there to prevent another financial crisis and bailout and third down he calls for a hail mary, ending medicare as we know it by giving seniors a voucher that leaves them to pay any additional costs out of their pocket. >> reporter: now the president ended that little football metaphor telling voters they need to punt the republican plan but he'll have to lay out a little bit more of his own vision for the next four years, that's what democratic stratties and pollsters tell me. we'll see if he does that tonight. you have michelle caruso cabrera one week after ann romney addressed the
time for president obama to slap back. he got a warmup after mitt romney said that you'd fire a football coach with the record like president obama's. he made fun of republican's plan for the economy. here is president obama. >> on first down, he hikes taxes on nearly $2,000 on the average family with kids in order to pay for a massive tax cut for multimillion naaire multimillionaires. second down he calls an audible and undoes reforms that are there to prevent another financial crisis...
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Sep 26, 2012
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do i think, look, obama, i get what obama's doing, he comes here and meets with four leaders and there's 25 that wonder why he didn't meet with them. he doesn't need that. >> what about netanyahu? >> well, netanyahu's been a problem. when you send the vice president to israel and the housing minister announces they're going to move into the settlements and have more illegal settlements. >> yeah. >> this is a personal problem. i don't think it's a problem between israel and america, i think it's a problem between netanyahu and obama. >> yeah. all right. >> i guess we've got to go. >> you all right? we get to see each other almost every week now. >> it's amazing. you did a great job on kudlow. >> i loved hearing you. and what we have is what this country needs. i don't know why we can't get it, do you? >> yeah, we can work this stuff out if we can sit down and talk instead of sloganeeing all the time. >> well, you forget the 9 million. >> i've got to watch you like a hawk. but anyway, thanks, governor, we appreciate it. >> see you guys later, thanks. >>> coming up, the case for precious me
do i think, look, obama, i get what obama's doing, he comes here and meets with four leaders and there's 25 that wonder why he didn't meet with them. he doesn't need that. >> what about netanyahu? >> well, netanyahu's been a problem. when you send the vice president to israel and the housing minister announces they're going to move into the settlements and have more illegal settlements. >> yeah. >> this is a personal problem. i don't think it's a problem between israel...
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Sep 11, 2012
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this is a huge headache for president obama? >> well, i just built a $900 million building in chicago and it's something i'm very proud of, and i see this going on in chicago and i'm not happy about it from any standpoint. i look at it from that's a selfish, personal standpoint but chicago is a great city and things are going to have to happen quickly in chicago. >> don't you think they will? i don't think we'll hear, i mean this is rahm, so i don't think we'll hear anything out of the obama administration, any type of comment about what to do in this case, do you? >> no, you're not going to hear any comment and this could go a long -- this isn't the first teacher's strike. >> it's been 25 years though. >> we've had them in new york and all over. this is the one right now under the magnifying glass. you won't hearing anything from washington. >> we have an election in 56 days and former chief of staff and his hometown. >> let's look -- hey, donald, how are you? >> hi? how are you doing? >> good. how is your golf? >> my golf is o
this is a huge headache for president obama? >> well, i just built a $900 million building in chicago and it's something i'm very proud of, and i see this going on in chicago and i'm not happy about it from any standpoint. i look at it from that's a selfish, personal standpoint but chicago is a great city and things are going to have to happen quickly in chicago. >> don't you think they will? i don't think we'll hear, i mean this is rahm, so i don't think we'll hear anything out of...
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Oct 12, 2012
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>> well, certainly obama care. i've been a health care provider for 45 years and i have a clear idea of how to improve health insurance. none of those things were in the bill, 2,700 pages that no one read, not the white house, not the house or the senate. 2,700 pages that didn't get the job done. we should have a very vigorous interstate insurance business. when you take a break on cnbc, we're going to see a geico versus all state versus progressive fighting for car insurance and the price goes down. you'll see vonage fighting with at&t and with verizon, and the price of cell service goes down. you don't see that with health insurance. that is one thing that could have been done. i've insured my employees for 45 years, we've been an insurance company and defensive testing is driving our health costs up, and the doctors are doing defensive testing because of unbridled plaintiffs attorneys bringing frivolous lawsuits. any control on that is missing in the 2,700 pages, when texas and other states have limited punitive
>> well, certainly obama care. i've been a health care provider for 45 years and i have a clear idea of how to improve health insurance. none of those things were in the bill, 2,700 pages that no one read, not the white house, not the house or the senate. 2,700 pages that didn't get the job done. we should have a very vigorous interstate insurance business. when you take a break on cnbc, we're going to see a geico versus all state versus progressive fighting for car insurance and the...
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Jun 8, 2012
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and it's not just obama. because the guy who runs r romney's energy policy is an oil guy, not a gas guy. >> i also said on break with byron, there were a couple years ago where byron was really worried about what it would be. and one of them could be us being exporters of energy. and the -- and there was no shale four years ago when we had these conversations. that could be something the u.s. leads the world in, right? >> american technology. and i've been on an oil rig in the balkan. they go down a mile. they go to the sides. they get all of the oil. balkan, number 2 producer in this country is north dakota. does anyone really care? did you see phillips ordered 2,000 rail cars to be able to get that oil from north dakota to california and get cheap crude, therefore, cheap gasoline. does anybody care? byron knows to care. byron knows to care because he's not a hedge fund trying to get out of position. in 10 seconds. how about that holding period? >> and then we can stay connected to all of the roughnecks in o
and it's not just obama. because the guy who runs r romney's energy policy is an oil guy, not a gas guy. >> i also said on break with byron, there were a couple years ago where byron was really worried about what it would be. and one of them could be us being exporters of energy. and the -- and there was no shale four years ago when we had these conversations. that could be something the u.s. leads the world in, right? >> american technology. and i've been on an oil rig in the...
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Feb 22, 2012
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president obama belting out several bars of "sweet home chicago" last night. he was attending in performance at the white house. today the president's administration will propose a corporate tax overhaul. and we have the results of the gop presidential race, which i'm interested in. i've figured out everything that we've seen between now and november is sort of electioneering in my view, john. this isn't going to see any legislative action obviously. both sides are going to present their view of how corporations should be taxed and then we'll all decide in november which way to go. how do you read this thing? what was in here -- >> joe, i agree with that -- >> what's in political? hit the corporations a little harder, get rid of some of the deductions that rich oil and gas companies get, et cetera, et cetera? >> well, he's trying to respond to the very steady complaints by corporate leaders and by republicans and some democrats that the united states corpse rate is uncompetitively high in connection with the rest of the world, but also trying to balance his co
president obama belting out several bars of "sweet home chicago" last night. he was attending in performance at the white house. today the president's administration will propose a corporate tax overhaul. and we have the results of the gop presidential race, which i'm interested in. i've figured out everything that we've seen between now and november is sort of electioneering in my view, john. this isn't going to see any legislative action obviously. both sides are going to present...
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Aug 29, 2012
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within of the authors was a former obama staffer. when they actually did their analysis, they essentially made up what they thought might be the deductions -- >> right but they were able to make those this evenings up because they're in a vacuum, they're able to put out whatever they want. why not be specific about which deductions you would get rid of so they can't make predictions? >> this is a formulation and it's not amenable to sound bites. but the insidious thing about that report is created by folks with a liberal orientation, completely made up. this is just fact. they just made assumptions and then the president points to it as fact. >> it's not fact but you understand me point they made up those assumptions because -- >> sure, becky. >> we want to be serious and he has a detailed plans in other areas. it's tough to start talking about popular deductions you would get rid of. would you get rid of the home mortgage tax credit you can get with things? charitable giving. it starts to get into areas -- that's why it's been such
within of the authors was a former obama staffer. when they actually did their analysis, they essentially made up what they thought might be the deductions -- >> right but they were able to make those this evenings up because they're in a vacuum, they're able to put out whatever they want. why not be specific about which deductions you would get rid of so they can't make predictions? >> this is a formulation and it's not amenable to sound bites. but the insidious thing about that...
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Feb 1, 2012
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and president obama is the education president. and his state of the union message he talked about how we should fix crumbling schools, how we need to keep tuition low. how we need to be aware of the class of 2012. what are they going to be doing? they need training, they need -- education. this is it a tragedy. education is the bedrock of this nation and these republican candidates are leaving out everything that's important to the people. they have no message, they have no vision. >> let me talk a little bit about florida and the electorate base there. in the last election, a lot of young people came out in florida in support of obama. now there's a lot obviously of what might be described as disappointed obama voters. does the, the younger generation come out again? >> i think the younger generation will come out again. you have to remember that we're looking and focusing on the class of 2012. these are not the same children who entered at kindergarten. this is a new world for them. so the president is preparing for them. we are
and president obama is the education president. and his state of the union message he talked about how we should fix crumbling schools, how we need to keep tuition low. how we need to be aware of the class of 2012. what are they going to be doing? they need training, they need -- education. this is it a tragedy. education is the bedrock of this nation and these republican candidates are leaving out everything that's important to the people. they have no message, they have no vision. >>...
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Dec 27, 2012
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president obama has proposed something. look we have agreement in both parties that we don't want taxes to go up at least for the people who make 250,000 dollars or less. we want to do something about the amt. both sides agree with that. let us at least pass a bill to deal with that. the senate passed a bill back in july. why can't the house just confirm that? >> oh, come on because the senate is a joke. they haven't even been able to pass a budget in over three years. come on. >> the senate passed a deal in july that dealt with the amt. it dealt with dividends and capital gains and it dealt with the, the fundamental issue of the tax rates. so i mean -- >> no, it dealt with the -- >> -- won't go up. >> i mean, let's have some consensus. let's at least agree on the things that we agree on, and then work on the more troubling issues afterwards. >> i saw annie yesterday, keith, and daddy warbucks had that same hairstyle. i think it's very compelling. i think -- >> i don't know if i'd call it a hairstyle. >> but it's a power, d
president obama has proposed something. look we have agreement in both parties that we don't want taxes to go up at least for the people who make 250,000 dollars or less. we want to do something about the amt. both sides agree with that. let us at least pass a bill to deal with that. the senate passed a bill back in july. why can't the house just confirm that? >> oh, come on because the senate is a joke. they haven't even been able to pass a budget in over three years. come on. >>...
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Feb 28, 2012
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obama care was a major agenda. he would have spent one-third the effort on energy we wouldn't even be bringing oil in. we have so much energy under our earth between natural gas, oil and everything else, frankly, things that we didn't know we even had a few years ago. and now we have methods of getting it out. the problem is you can't get through the environmental impact studies. you can't get it approved environmentally which is ridiculo ridiculous. >> boone pickens has come on our show and he was running with this up until the point where oil prices collapsed where he built up momentum in congress to try to get truckers at least switched over to natural gas, and it seems like the moves take much longer than you might anticipate. >> they shouldn't take much longer and whether you like it or don't like it, if you look at wind, wind is turning out to be a disaster. they're closing wind farms all over the place, and lots of different countries, even some of the original countries they're closing up their wind farms.
obama care was a major agenda. he would have spent one-third the effort on energy we wouldn't even be bringing oil in. we have so much energy under our earth between natural gas, oil and everything else, frankly, things that we didn't know we even had a few years ago. and now we have methods of getting it out. the problem is you can't get through the environmental impact studies. you can't get it approved environmentally which is ridiculo ridiculous. >> boone pickens has come on our show...
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Feb 29, 2012
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but it has nothing to do with president obama. the explosion in supply is primarily out of north dakota, out of the bakkan formation and out of the gulf of mexico for deposits that were explored and bid on years before mr. obama came to office. those are the reasons. mr. obama, the president is taking claim for an oil explosion that quite frankly he had nothing to do with. but the republicans are wrong in trying to say that there's no rise in production. we know that the statistics are there. >> john, real quick, handicap it for us, memorial weekend when the driving season begins -- oil will be where? >> i don't think this is seasonal and i think everybody, i've gotten that question a lot recently. i think that the reasons that prices are higher, have a lot to do with geopolitics and some fundamentals, so i don't really see that we're going to get any kind of a summer surge. i think we're at a pretty healthy level right now. it may be higher. i'm just not a really big believer in the whole summer surge thing. i think it might be a
but it has nothing to do with president obama. the explosion in supply is primarily out of north dakota, out of the bakkan formation and out of the gulf of mexico for deposits that were explored and bid on years before mr. obama came to office. those are the reasons. mr. obama, the president is taking claim for an oil explosion that quite frankly he had nothing to do with. but the republicans are wrong in trying to say that there's no rise in production. we know that the statistics are there....
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Oct 10, 2012
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five points for obama three weeks ago. real quick -- i think rasmussen comes in at 130. >> and huge stakes for the vice presidential debate. >> let's say he didn't show, biden, is that possible? just to not show up? >> it is. it is possible. and then with joe biden, of course, it's always possible to have some kind of massive gaffe that could really change the race. >> yeah. >> there's a lot at stake here. and, of course, the romney campaign emphasizing that paul ryan is a guy who hasn't had a debate, maybe since high school. so he's debating against joe biden. >> debated -- we've tried to debate ryan here and we've seen him debate with other people, and he's -- i don't know. >> eamon, what about ohio, though? we've talked with chuck todd about this. he sees a way to win without ohio. but basically have to win eight or nine other states. so it's a much more complicated road to the white house if you don't win ohio. so he had said -- he told us a week or two ago that romney would have to make a decision as to whether the pu
five points for obama three weeks ago. real quick -- i think rasmussen comes in at 130. >> and huge stakes for the vice presidential debate. >> let's say he didn't show, biden, is that possible? just to not show up? >> it is. it is possible. and then with joe biden, of course, it's always possible to have some kind of massive gaffe that could really change the race. >> yeah. >> there's a lot at stake here. and, of course, the romney campaign emphasizing that paul...
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Nov 7, 2012
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what is obama willing -- what is obama willing to do on entitlement reform? >> i agree. >> is he -- >> he can't either probably. >> and can he deliver the house democrats. because you can't pass it just with the republican votes. >> everybody going to find religion if we do go over this fiscal cliff? >> if the president is willing to -- and i think he will be willing to find more savings in entitlements, particularly in health care, i think -- i think the house democrats will go -- >> i think it's very difficult to do that in a six-week period punctuated by thanksgiving and christmas. >> we have, i think, 34 days, working days and i don't believe congress is in session for all of those days. >> right. they are not. >> the president has the power to convene. lock them in a room, get an mou done. >> it shows leadership, which so far the president has not been willing to do in the first four years on deficit reduction. he has not brought people together. >> come on, kenny, he sat with boehner for three months -- >> and walked away. >> he didn't walk away from it
what is obama willing -- what is obama willing to do on entitlement reform? >> i agree. >> is he -- >> he can't either probably. >> and can he deliver the house democrats. because you can't pass it just with the republican votes. >> everybody going to find religion if we do go over this fiscal cliff? >> if the president is willing to -- and i think he will be willing to find more savings in entitlements, particularly in health care, i think -- i think the...
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Oct 3, 2012
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he has a little bit, $50 billion from seniors and obama care to pay for some of obama care, but the rest of it will have to be covered by cost reduction, which he's fought every step of the way for taxes. >> i wonder, howard, can you -- is it possible to win the argument where you say, all right, i'm rich, i got, you know, i've got an elevator for my cars. i know how to fix this and make it good for the middle class and look like -- maybe you're not as attached to the empathy, or is it better to be the president and say i really care, i just don't know how to do anything. >> neither one of them is good. look, the reason the numbers have gotten so much better for obama in terms of who is the best deal for the economy, whoever thought that would be even at this point. is simply because people think the president cares about them and they don't think that about mitt romney. >> incompetent doesn't help. >> we really have gained 4 million jobs, i grant you from the down -- >> no business experience in his administration, doesn't seem to be private-sector oriented, more interested in governmen
he has a little bit, $50 billion from seniors and obama care to pay for some of obama care, but the rest of it will have to be covered by cost reduction, which he's fought every step of the way for taxes. >> i wonder, howard, can you -- is it possible to win the argument where you say, all right, i'm rich, i got, you know, i've got an elevator for my cars. i know how to fix this and make it good for the middle class and look like -- maybe you're not as attached to the empathy, or is it...
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Aug 27, 2012
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i mean, obama might lose, too. you talk to their people, nobody thinks this thing is in the bag and one of the things i found interesting is, when you look ahead at a convention like this, you've got people around both candidates who are positioning themselves for what happens if the candidate, the nominee loses and here you've got a little paul ryan versus chris christie thing. christie being the keynote and ryan the vp. yes, mitt romney could lose, every republican knows it, everyone in mitt romney's campaign knows it but we're not there yet but a long shot. >> and the other thing, they sort of implied or a big part of that piece in "the post" he didn't want to step down and he would have to. he has been consistent with that, christie, he wants to finish his job as new jersey governor. even if you thought it was 55/45, and you weighed if i'm not in, i'm not new jersey governor and i'm young -- remember, he didn't want to run for president either and the reason he didn't want to is because he's young, doesn't feel
i mean, obama might lose, too. you talk to their people, nobody thinks this thing is in the bag and one of the things i found interesting is, when you look ahead at a convention like this, you've got people around both candidates who are positioning themselves for what happens if the candidate, the nominee loses and here you've got a little paul ryan versus chris christie thing. christie being the keynote and ryan the vp. yes, mitt romney could lose, every republican knows it, everyone in mitt...
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Oct 5, 2012
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if obama wins, we're going to go over the fiscal cliff because the republicans and obama aren't going to agree, we'll go out there and roll back the bush tax cuts, we're going to do this, have sequestered stuff or whatever and so that's going to hurt. >> how would he triangulate if he wins and they lose some of the house, say the democrats keep the senate, how would he triangulate to work with the other side? you don't think he'd let them go for another year or two? >> eventually he's going to have to, but he's going to get pushed into it and things are going to happen that are going to scare the heck out of us before we get there. >> what if romney, how does he screw it up? >> if romney wins it will look like, the stock market is going to say this is great, go up for a little while and people are going to say wait a second, this is austerity. it's going to look like the uk, look like europe. >> because we're 25% of gdp, he's not going to let us stay there, right? >> exactly. >> you'd see many more cuts if he's in, is that good long-term? >> much better long-term. you could argue that
if obama wins, we're going to go over the fiscal cliff because the republicans and obama aren't going to agree, we'll go out there and roll back the bush tax cuts, we're going to do this, have sequestered stuff or whatever and so that's going to hurt. >> how would he triangulate if he wins and they lose some of the house, say the democrats keep the senate, how would he triangulate to work with the other side? you don't think he'd let them go for another year or two? >> eventually...
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Oct 23, 2012
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obama is our president now. and bush was our president and both of these people are co-conspirators in this incredible deficit and in our military adventures. you can say that one isn't responsible and one is. they've also inherited this from clinton. you can take it back to eisenhower. you can blame everything on the paris treaty in 1919 if you really want to. >> you can blame a lot on it. >> you can. >> do you think we can blame the french? >> that's where new world order was established. you can blame cane and able if you want to. we're in it now. whoever wins that race is going to be our president. >> stay with us. coming up, we have more futures trading sharply lower on negative earnings as we get jim cramer's take on dupont and 3m next. the sweet spot that powers sound decisions. duff & phelps financial advisory and investment banking services. ♪ nespresso. where there's a coffee to match my every mood. ♪ where just one touch creates the perfect cup. where every cappuccino and latte is made with fresh
obama is our president now. and bush was our president and both of these people are co-conspirators in this incredible deficit and in our military adventures. you can say that one isn't responsible and one is. they've also inherited this from clinton. you can take it back to eisenhower. you can blame everything on the paris treaty in 1919 if you really want to. >> you can blame a lot on it. >> you can. >> do you think we can blame the french? >> that's where new world...
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Jul 11, 2012
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it was about michelle obama because it says you're reading it, michelle, president obama, but in fact it's not about -- >> look at directing -- who is directing the show today. that was a quick turn. wow. impressive. >> do you consider the metro system in washington to be a monorail or do you think we should build one in addition to? >> elevated with a view. >> some trains in d.c. are elevated. >> and they are kind of monorails. >> monorail-like. >> and a tube in london. it has a cool name. >> it does. >> in washington news, president obama will host democratic congressional leaders at the white house today. they'll discuss bush-era tax cuts and jobs initiatives. republican presidential candidate mitt romney will address the naacp convention today being held in houston. romney is hoping to sway some with his pro jobs message. unemployment among african-americans is disproportionately high at 14%. >>> republican-led house will hold a vote to repeal president obama's health care law. gop lawmakers call it a stand against the largest tax hike in history. democrats are calling it a politi
it was about michelle obama because it says you're reading it, michelle, president obama, but in fact it's not about -- >> look at directing -- who is directing the show today. that was a quick turn. wow. impressive. >> do you consider the metro system in washington to be a monorail or do you think we should build one in addition to? >> elevated with a view. >> some trains in d.c. are elevated. >> and they are kind of monorails. >> monorail-like. >> and...
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>> that's not obama. and i thought biden undercut the effectiveness of his arguments to that extent. >> no doubt. >> and so i think -- >> i want to start doing that, when you're talking, we'll do that in a two shot. i'll do hand signals, too. >> obama has to find the sweet spot between passive and over the top. and the one thing biden did was get democrats charged up that they were going to fight back. but obama's not going to fight back like that. so i think you can expect him to go after 47% and bain and taxes and all of the things that democrats believe separate romney from ordinary folks. and that plays to the idea of the town hall. i wouldn't be surprised if obama looks around the audience and says how many of you think of yourself as victims or that sort of thing. >> how does benghazi play with all of this with secretary of state clinton having said it was her responsibilities? >> she's trying to at that time blame for the administration. >> timing is a little odd, the night before the the next deba
>> that's not obama. and i thought biden undercut the effectiveness of his arguments to that extent. >> no doubt. >> and so i think -- >> i want to start doing that, when you're talking, we'll do that in a two shot. i'll do hand signals, too. >> obama has to find the sweet spot between passive and over the top. and the one thing biden did was get democrats charged up that they were going to fight back. but obama's not going to fight back like that. so i think you...
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Dec 18, 2012
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even though obama says he's aiming for or we need $4 trillion. the congressional budget office estimates we need only $3 trillion to get to the baseline to put the deficit on a sustainable path. there's a little bit of fudge in that. what we want to do, this is a thing that matters. all the stuff back and forth get to a point where the growth of the deficit equals the growth of gdp. that's what we're in for. >> stick around because we're going to continue this conversation right now. we are joined by republican senator bob corker. he's a member of the banking committee. and senator corker, we've been talking with you just a week ago you told us that you would have to see some serious budget cuts and some serious issues to address entitlements before you would agree on any deal. >> yeah. >> does this proposal from the president do it? >> no. i'm really surprised, at the reporting today. unless something happened this morning at 6:00, we're not close to a deal. and i've been trying for three weeks. i've been standing on my head, doing cart wheels t
even though obama says he's aiming for or we need $4 trillion. the congressional budget office estimates we need only $3 trillion to get to the baseline to put the deficit on a sustainable path. there's a little bit of fudge in that. what we want to do, this is a thing that matters. all the stuff back and forth get to a point where the growth of the deficit equals the growth of gdp. that's what we're in for. >> stick around because we're going to continue this conversation right now. we...
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Dec 28, 2012
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the obama tax cuts. i'm calling it first. the obama tax cuts. he's going to write a tax cut bill, send it up to the hill, and they're going to pass it. >> expires on january 2nd. >> do we make them permanent, jimmy? 98% of them will be made permanent? >> i hope not. that is not the job of the government. the government's job is to raise taxes and to lower taxes when our economy needs it. that's what the senate does. john breaux, former senator john breaux from louisiana sat on the floor during the 2001 tax bill and said our job is to raise taxes when they need to be raised and lower them when they need to be lowered. that's the senate and the house's job. >> but, one man's -- is another man's -- if you look at the laugher curve you don't know when to raise and when to lower at this point. >> president obama kept bush's taxes in for two years. >> i know. >> but suddenly, you know, democrats like you love the 98%, and you hate the 2%. it's very weird. >> tell him, joe. >> don't hate the 2%. i'm not a self-
the obama tax cuts. i'm calling it first. the obama tax cuts. he's going to write a tax cut bill, send it up to the hill, and they're going to pass it. >> expires on january 2nd. >> do we make them permanent, jimmy? 98% of them will be made permanent? >> i hope not. that is not the job of the government. the government's job is to raise taxes and to lower taxes when our economy needs it. that's what the senate does. john breaux, former senator john breaux from louisiana sat on...
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Nov 2, 2012
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we'll look at the obama jobs record in a second. let's focus on the october report. 125 is the number expected, 7.9%, a tick up in the unemployment rate, not giving back the gains. >> the 7.9 that would be the round trip, that would be january 20th. >> the number whenby ma took office. >> i thought it was 7.9. it went below? >> 7.9. >> so 7.9. >> it went up and down. i have the obama jobs record for democrats, republicans and economists, and you'll have a lot to say. >> no, i won't have anything to say. i'm saying it would be weird the symmetry of 46 months above and to end on where the day you took office. >> the consensus for this morning is taking a lot of cross currents in the data, with the business side of the data suggesting a weak employment report but consumers acting and talking like jobs are plentiful. capital spending influences my thinking about this morning's number, regional fed surveys down and layoff announcements up just a bit. jobless cuts consistent with the 125 to 150. conference boards gauge of jobs plentiful o
we'll look at the obama jobs record in a second. let's focus on the october report. 125 is the number expected, 7.9%, a tick up in the unemployment rate, not giving back the gains. >> the 7.9 that would be the round trip, that would be january 20th. >> the number whenby ma took office. >> i thought it was 7.9. it went below? >> 7.9. >> so 7.9. >> it went up and down. i have the obama jobs record for democrats, republicans and economists, and you'll have a lot...
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Oct 11, 2012
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and in florida, obama leads 48% to 47% among likely voters. and in ohio, romney trimmed two percentage points off of obama's pre-debate lead. the president holds a 51-45% edge among likely vote everies there. john harwood will be joining us live from kentucky with more in just a few minutes. but first andrew has this morning's top business stories. >>> we got some banking news this morning on wall street. jpmorgan cfo dug braunstein will be stepping down. he'll take on another post within the company, so he won't be leaving, but it was on his watch that the jpmorgan london whale experience happened and there remains scrutiny all around that. he's expected to lead the bank's earnings call tomorrow morning, so a lot of interest thp. in other headlines related to jpmorgan, deal book is reporting that the fbi investigation into the bank's $6 billion trading loss may not inchbly indicate jamie dimon, buts investigation does not appear to touch on the echelons of top management, but the company is still under investigation by the sec as to whether i
and in florida, obama leads 48% to 47% among likely voters. and in ohio, romney trimmed two percentage points off of obama's pre-debate lead. the president holds a 51-45% edge among likely vote everies there. john harwood will be joining us live from kentucky with more in just a few minutes. but first andrew has this morning's top business stories. >>> we got some banking news this morning on wall street. jpmorgan cfo dug braunstein will be stepping down. he'll take on another post...
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Dec 19, 2012
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the honor going to president obama. time writes we're in then midst of historical cultural and demographic changes and barack obama is in some ways the symbol and some ways the architect of this new america. in 2012, he found and forged a new majority. he turned weakness into opportunity and sought, amid great adversity to create what time says is a more perfect union. >>> ubs hit with a $1.5 billion fine. and manipulation by dozens of staff. the agreement was agreed to with u.s. and swiss regulators. they should have dean this earlier, barkleys only get hit for $250 million, you wait too long and end up with $1.5. barclays was hit back in june. the second largest fine ever only by hsbc $1.9 billion penalty agreed to, to settle the laundering probe, u.s. probe into laundering money. >>> and, if you haven't heard yet, we want to let you know, getco is doing it, beat iing ou and values knight at $3.75 a share. sirius xm radio has appointed jim meyer ceo. becky's hair is falling down a little bit. when women move their hai
the honor going to president obama. time writes we're in then midst of historical cultural and demographic changes and barack obama is in some ways the symbol and some ways the architect of this new america. in 2012, he found and forged a new majority. he turned weakness into opportunity and sought, amid great adversity to create what time says is a more perfect union. >>> ubs hit with a $1.5 billion fine. and manipulation by dozens of staff. the agreement was agreed to with u.s. and...
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Mar 29, 2012
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are you assuming obama is not going to get reelected? what if he gets reelected? does this still stand? >> my feeling is the worst case scenario is capital gains and dividend tax going to 20%. >> that's okay. >> and i can live with that. i'm not happy with it but i can live with that and i think that that is really the worst case scenario that investors face. >> what if we cut, cut, cut, cut, cut? what if we hit that $7 trillion cliff where physicfiscally and cut taxes and try to deal with this deficit. that's not going to be easy. >> my feeling is after november we know who is president for the next four years, the congress knows where it's status is and i think they're going to get to work at that point. everybody thinks they're going to gain. there's no incentive to bargain right now. i think the american public and the politicians say, all right, now it's time for to us get together. we know what our strengths are, we know what our positions are. i'm more optimistic something is going to happen after the november elections. >> all right. professor siegel, than
are you assuming obama is not going to get reelected? what if he gets reelected? does this still stand? >> my feeling is the worst case scenario is capital gains and dividend tax going to 20%. >> that's okay. >> and i can live with that. i'm not happy with it but i can live with that and i think that that is really the worst case scenario that investors face. >> what if we cut, cut, cut, cut, cut? what if we hit that $7 trillion cliff where physicfiscally and cut taxes...
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Dec 31, 2012
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because that's your ask of obama. he's told you what taxes he wants to raise. >> i've got a whole list of them. i mean, certainly starting with chain cpi, but the age, the copay, means testing. >> he's agreed to that. >> betting on competitive situation in between medicare manage and deeper service without any cap i mean it adds up to about a trillion dollars. and when you have a situation where americans are paying one-third of the cost of medicare, i don't think people realize that, but literally people are paying one-third of the cost of medicare, we have 20 million more americans coming on medicare over the next decade, i mean it's a time bomb. >> i agree with you it's a time bomb. but remember that the -- the standing document for republican boldness is the ryan budget. you get credit for that. he did not have ten-year savings on medicare and social security. >> and i do. i think we obviously need to be much bolder than the budget you're talking about. because otherwise as you mentioned, if you're going to protec
because that's your ask of obama. he's told you what taxes he wants to raise. >> i've got a whole list of them. i mean, certainly starting with chain cpi, but the age, the copay, means testing. >> he's agreed to that. >> betting on competitive situation in between medicare manage and deeper service without any cap i mean it adds up to about a trillion dollars. and when you have a situation where americans are paying one-third of the cost of medicare, i don't think people...
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Mar 1, 2012
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. >> did he send this to you, the two charts that correlate the best with in-trade prices for obama's re-election. >> the jobless claims is the best proxy for the stock market. it's amazing for the stock market as well. that's the two that he sent. one is the jobless claims and the other is jobless claims charted against the s&p 500. there's a high correlation. we have come to a lot of attention for these volatile numbers, the jobless claims. they may be the best indicator. >> they really are. i would ask if you had to go to a desert island what would it be? most of them say jobless claims and it's so funny because it's a sim is am series. the labor department measures it. it's hard to react because it is so volatile and 7,000 doesn't mean a lot. you mean versus the monthly jobs report? >> right. >> the unemployment rate is useful but the payroll figures are volatile and they are so revised and you have to get a long enough track record going. jobless claims is pretty reliable. >> we are always talking about seasonal things. >> that's why it's hard to react and that could be the case
. >> did he send this to you, the two charts that correlate the best with in-trade prices for obama's re-election. >> the jobless claims is the best proxy for the stock market. it's amazing for the stock market as well. that's the two that he sent. one is the jobless claims and the other is jobless claims charted against the s&p 500. there's a high correlation. we have come to a lot of attention for these volatile numbers, the jobless claims. they may be the best indicator....
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Nov 5, 2012
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obama, white men favor obama. there's just not enough -- >> favor romney. >> i mean favor romney. there's not enough white men out there to swing romney. that's how i feel. >> the journal points out today they think the end of the election is a win for the markets no matter what happens because it takes some uncertainty off the table. what do you two think? >> i totally agree. i feel like we are beleaguered by the election. i would love to go back to fundamentals and worry about greece. >> do you think we'll talk about the fiscal cliff wednesday morning? >> i think that a resolution will enable one party to be able to blink, i hope, or at least be able to say, look, we have to come together. the fiscal cliff is one that is -- i keep thinking it's much more of a fiscal hill that's been the new slope. anything that says, okay, look some party is in jeopardy or some people is in jeopardy will make somebody blink. i think we're a great country and that we'll solve this. >> guys, we'll see you in a few minutes coming u
obama, white men favor obama. there's just not enough -- >> favor romney. >> i mean favor romney. there's not enough white men out there to swing romney. that's how i feel. >> the journal points out today they think the end of the election is a win for the markets no matter what happens because it takes some uncertainty off the table. what do you two think? >> i totally agree. i feel like we are beleaguered by the election. i would love to go back to fundamentals and...